The incumbent will assist to ensure that there is a robust and effective transaction monitoring framework at group level in line with applicable regulatory requirements to systematically monitor customer transactions on an on-going basis in order to prevent the Group from being exposed to the risk of legal/ regulatory sanctions and the associated financial/ reputation loss that the Group may incur/ suffer as a result of failure to comply with the relevant AML/ CFT regulations

–          Assist to enhance the periodic Risk Based Approach mechanism based on the Local and Global transaction monitoring risks.

–          Assist in monitoring the dashboards of the transaction monitoring system for proper follow up and reporting.

–          Contribute to the MIS capabilities of the transaction monitoring system and initiate periodic enhancements and accuracy checks.

–          Assist in conducting gap analysis and fine-tuning of transaction monitoring landscape across the group.

–          Contribute in reviewing and enhancing the transaction monitoring procedures and systems across the group.

–          Performing Quality Control checks of transaction monitoring alerts across the group to ensure compliance with the respective country’s procedures.

–          Contribute to the provision of sound compliance advice to the line of business on resolution of issues, and for escalation of issues within Compliance.

–          Support the coordination of global transaction monitoring efforts across the group.

–          Work in partnership with Business Units, Operations, Technology, Legal, and the larger risk community to offer support and assistance in compliance-related matters to ensure an open, adequate and effective risk management culture.

–          Continues liaison with international branches, subsidiaries and affiliates to ensure a robust transaction-monitoring framework.